Corporate Events

Kureha Corporation, Board Meeting, Jun 26, 2025. Agenda: To consider and resolve the dispose of its treasury stock as restricted stock remuneration.

Kureha Corporation announced the resignation of Mr. Hiroyuki Tanaka, Board Director and Senior Vice President, effective May 16, 2025. The resignation follows a whistleblower report alleging inappropriate conduct by Mr. Tanaka toward a female employee, which was confirmed by an investigation led by statutory auditors and external experts. The Nomination Advisory Committee, with a majority of independent outside directors, recommended his resignation and dismissal as Senior Vice President. The Board of Directors accepted his resignation. Mr. Tanaka held positions as Managing Director of PGA Business, Business Division, and General Manager of Advanced Products Division. Additionally, Mr. Yutaka Kobayashi, Representative Board Director and CEO, Mr. Katsuhiro Natake, Board Director and Senior Executive Vice President, and Naomitsu Nishihata, Board Director and Senior Vice President, will voluntarily return portions of their monthly remuneration for two months due to the seriousness of the matter.

From June 3, 2025 to June 4, 2025, the company has repurchased 10,000,000 shares, representing 20.1% for ¥34,100 million. With this, the company has completed the repurchase of 10,000,000 shares, representing 20.1% for ¥34,100 million under the buyback announced on June 3, 2025.

The company closed its plan on June 4, 2025.

Kureha Corporation (TSE:4023) announces a share repurchase program. Under the program, the company will repurchase 10,000,000 shares, representing 20.66% of the outstanding shares for ¥35,000 million. The purpose of the program is enhancement of shareholder returns, further improvements in capital efficiency, and a flexible capital policy that is responsive to the business environment. The program will run until September 30, 2025. As of May 31, 2025, the company had 48,411,662 shares outstanding (excluding treasury stock) and 7,021,559 shares in treasury.

The Board of Directors of Kureha Corporation has authorized a buyback plan on June 3, 2025.

From May 12, 2025 to June 3, 2025, the company has repurchased 1,535,700 shares, representing 3.09% for ¥4,916.96 million. With this, the company has completed the repurchase of 1,535,700 shares, representing 3.09% for ¥4,916.96 million under the buyback announced on May 12, 2025.

The company suspended its plan on June 3, 2025.

Kureha Corporation provided dividend forecast for the second quarter-end and year-end period of the fiscal year ending March 31, 2026. For the second quarter, the company expects to pay dividend of JPY 108 per share against JPY 43.35 per share paid a year ago. For the year end, the company expects to pay dividend of JPY 108 per share against JPY 43.35 per share paid a year ago.

Kureha Corporation, Board Meeting, May 16, 2025. Agenda: To consider the resignation of Mr. Tanaka as a board member and a senior vice president as of today; and to consider personnel changes.

Kureha Corporation (TSE:4023) announces a share repurchase program. Under the program, the company will repurchase 5,600,000 shares, representing 11.26% of the outstanding shares for ¥15,000 million. The purpose of the program is to strengthen shareholder return policies and improve capital efficiency. The program will run until March 31, 2026. As of March 31, 2025, the company had 49,742,195 shares outstanding (excluding treasury stock) and 5,691,026 shares in treasury.

The Board of Directors of Kureha Corporation has authorized a buyback plan on May 12, 2025.

Kureha Corporation, Board Meeting, May 12, 2025. Agenda: To consider and approve revise its dividend policy; and to consider other business matters.

Kureha Corporation, Annual General Meeting, Jun 26, 2025.

Kureha Corporation hereby announces that its Board of Directors has resolved to change its dividend policy as follows: Under the Mid- to Long-Term Management Plan, "Toward Creating a New Future (fiscal year 2023-2030) - the Rolling Plan 2025, have been promoting balance sheet management with a greater focus on capital efficiency. This includes strengthening profitability through initiatives to expand profits in existing businesses, company-wide cost reductions, and enhancing shareholder returns. However, due to factors such as the sluggish electric vehicle market in Europe, return on equity (ROE) declined to 3. 6% in fiscal year 2024, and price-to-book ratio (PBR) has remained below 1. To address this situation, will intensify Fiscal Year efforts to improve profitability across all existing businesses. At the same time, recognize that stable dividend payments are essential to enhancing shareholder value. Accordingly, have decided to revise the dividend policy, shifting from a dividend payout ratio and total payout ratio approach to one based on DOE (Dividend on Equity), which ties dividends to consolidated shareholders' equity. Details of the change (The underlined indicates the changes) The basic policy on the distribution of earnings is to maintain stable dividends with a target dividend payout ratio of 30% or more, while enhancing internal reserves to enable active investment in future business expansion. Moreover, a minimal annual dividend is set at ¥86. 7 per share until fiscal year 2025. To further meet shareholders' expectation and improve stock prices, aim for a total payout ratio of 50% or more through share buybacks and acquire approximately ¥40 billion in treasury stock during the three-year period from fiscal year 2023 through fiscal year 2025. Out basic policy on the distribution of earnings is to maintain stable dividends while enhancing retained earnings to support proactive investments for future business development. Starting from fiscal year 2025, will adopt DOE (Dividend on Equity) as the standard for dividend distribution. For fiscal year 2025 and fiscal year 2026, aim to provide dividends based on a DOE of approximately 5%. To further meet shareholders' expectation and improve stock prices, aim for a total payout ratio of 50% or more through share buybacks and acquire approximately ¥40 billion in treasury stock during the three-year period from fiscal year 2023 through fiscal year 2025. Timing of the change: This will be applied starting from fiscal year 2025.

Kureha Corporation provided consolidated earnings guidance for the Six months ending September 30, 2025 and fiscal year ending March 31, 2026. For the Six months ending September 30, 2025, the company expects revenue to be JPY 80,000 million, Operating profit to be JPY 6,000 million, profit before tax of ¥6,000million, Profit attributable to owners of parent to be JPY 4,500 million, Basic earnings per share to be JPY 95.86. For the year ending March 31, 2026, revenue of JPY 165,000 million, Operating profit of JPY 14,000 million, profit before tax of ¥14,000 million, Profit attributable to owners of parent of JPY 10,000 million, Basic earnings per share of JPY 213.03.

Kureha Corporation, 2025 Earnings Call, May 13, 2025

Kureha Corporation announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on May 12, 2025

From January 1, 2025 to February 25, 2025, the company has repurchased 830,300 shares, representing 1.64% for ¥2,334.33 million. With this, the company has completed the repurchase of 5,333,700 shares, representing 10.05% for ¥14,999.95 million under the buyback announced on May 13, 2024.

The company closed its plan on February 25, 2025.

Kureha Corporation expected to report Fiscal Year 2025 results on May 12, 2025. This event was calculated by S&P Global (Created on February 10, 2025).

From October 1, 2024 to December 31, 2024, the company has repurchased 1,919,900 shares, representing 3.66% for ¥5,351.33 million. With this, the company has completed the repurchase of 4,503,400 shares, representing 8.41% for ¥12,665.62 million under the buyback announced on May 13, 2024.

Kureha Corporation has completed a Fixed-Income Offering in the amount of ¥20 billion. Security Name: 0.850% Unsecured Straight Green Bonds, due August 29, 2029 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: ¥20 billion Price\Range: 100% Security Features: Climate Bonds/Green Bonds; Unsecured Coupon Type: Fixed

Kureha Corporation announced that they will report Q3, 2025 results at 3:30 PM, Tokyo Standard Time on Feb 10, 2025

Kureha Corporation provided cash dividend guidance for the year ending March 31, 2025. For the period, the company expects to pay dividend of JPY 43.35 per share compared to JPY 43.34 per share a year ago.

Kureha Corporation announced dividend for the second quarter of fiscal year ending March 31, 2025. For the period, the company expects to pay dividend of JPY 43.35 per share compared to JPY 130.00 per share a year ago. Scheduled date of dividend payment: December 3, 2024.

Kureha Corporation revised consolidated earnings guidance for the year ending March 31, 2025. For the year ending March 31, 2025, the company expects revenue of JPY 160,000 million compared to previous guidance of JPY 170,000 million, Operating profit of JPY 10,000 million compared to previous guidance of JPY 170,000 million, Profit attributable to owners of parent of JPY 7,000 million, Basic earnings per share of JPY 134.02.

Kureha Corporation, ¥ 43.35, Cash Dividend, Mar-28-2025

From July 1, 2024 to September 30, 2024, the company has repurchased 1,327,800 shares, representing 2.47% for ¥3,715.54 million. With this, the company has completed the repurchase of 2,583,500 shares, representing 4.75% for ¥7,314.3 million under the buyback announced on May 13, 2024.

Kureha Corporation announced that they will report Q2, 2025 results on Nov 11, 2024

Kureha Corporation, Q2 2025 Earnings Call, Nov 12, 2024

Kureha Corporation, Board Meeting, Jul 23, 2024. Agenda: To issue unsecured domestic straight bonds.